The City Council recently voted to make the HERO Property Assessed Clean Energy (PACE) program available to local residents. Mountain View joins San Jose, Morgan Hill and Gilroy in participating.
HERO PACE financing enables homeowners to make energy- and water-efficiency improvements and pay for them over time through their property tax bill. Given California’s recently adopted regulations aimed at reducing urban water consumption by 25 percent, it could be a timely option for homeowners.
“We’re happy to provide an avenue for financing that requires no money down and does not depend on personal credit, bringing efficiency improvements within reach for a broad range of homeowners,” said Blair McNeill, vice president of community development for Renovate America, the company that administers the HERO Program. Read more.